FINRA Fines Robinhood $70 Million for Harming Customers
The $70 million fine is the largest-ever financial penalty ordered by FINRA.
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Apple Buys Remote Control Button on Roku for Apple TV+
The move indicates that Apple is looking to grow its service beyond its own device owners.
Amazon Seeks Lina Khan’s Recusal in FTC Antitrust Investigations of the Company
A recusal could block any FTC enforcement actions against Amazon.
E-Commerce Firm Shogun Raises $67.5 Million in Series C Round
The company creates website pages for Shopify merchants.
India Ups Pressure on Twitter With New Court Cases
The cases come as the Indian government seeks to control foreign social media networks in an effort to tamp down on political protests and discourse.
China’s Didi Global Shares Close Up 1%
The market debut of China’s ride-hailing giant marks one of the biggest by a Chinese company.
Cisco Hires Veteran Software Execs From Microsoft, Splunk
Cisco Systems is in the midst of a years-long effort to generate more revenue via software and subscriptions, and two new leaders are now joining the campaign.
Actor Emma Watson Invests in U.K. Anti-Plastics Company
Watson is becoming the latest Hollywood star to dip a toe into the world of venture capital and tech.
Microsoft, GitHub Team Up with OpenAI on New Programming Tool
A new tool could lower the bar for less-experienced developers while also speeding the process of writing applications.
DOJ Will Get Google Employee Performance Reviews in Antitrust Case
The DOJ hopes to circumvent Google employees’ cautious email communications.
SoftBank Pulls Plug on Pepper, Robot That Was Supposed to Supplement Workers
Production of the humanoid robot was suspended as part of a broader retreat in the Japanese tech giant’s ambitions on the field.
Chinese Grocery App Dingdong Cuts U.S. IPO Target
The SoftBank-backed company's move to slash the size of its IPO comes after a disappointing Nasdaq debut last week by another Chinese grocery app.
Language App Duolingo Files to Go Public in New York
The move comes after the company saw increased demand for learning languages during the Covid-19 pandemic.
FTC, State AGs Handed Major Loss in FTC Antitrust Case
A judge’s rulings are a huge blow to the FTC as it steps up antitrust enforcement in the tech sector.
India Commerce Minister Says American E-Commerce Giants Flout Laws in India
India has been increasing pressure on foreign tech firms including Amazon and Walmart-owned Flipkart, which are targeting the country’s massive emerging middle class.
Tesla to Address Safety Issue in More Than 285,000 Cars in China
China's market regulator said the vehicles' cruise-control system could cause sudden acceleration, in a move it described as a "recall."
AWS Acquires Encrypted Messaging Startup Wickr
Amazon's cloud unit is getting into the encrypted messaging market by acquiring a 10-year-old company that sells to government agencies and large firms.
Robinhood IPO Delayed Due to SEC Scrutiny
The commission-free stock trading app planned to go public this month.
U.K. Regulator Targets Fake Reviews on Amazon and Google
The latest probes add to the Competition and Markets Authority’s multiple investigations into the U.S. tech giants.
China’s Didi Chuxing Plans to Raise Up to $4 Billion in U.S. IPO
Didi's targeted valuation is less than the $70 billion-plus price tag many bankers had previously expected.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy